Real estate
Post LinkedIn lead magnet · Real estate
I bought my first property thinking I knew everything. I knew nothing. 20 years and hundreds of deals later, here's the list I wish someone handed me on day one. 1. Cash flow is the only metric that matters. Not appreciation. Not potential. Not what your cousin thinks it's worth. If the property doesn't pay you every single month, it's not an investment. It's a bet. 2. Location beats everything else. I've seen beautiful properties in dying markets rot for years. I've seen ugly buildings in the right zip code print money for decades. Pick the market first. Then find the deal. 3. Your first deal will not be perfect. It doesn't need to be. It needs to: - Cash flow - Be in a stable area - Survive a bad month or two Done. Buy it. 4. Everyone has an opinion. Almost nobody has a track record. The guy at the barbecue who tells you it's a bad time to buy? Ask him how many properties he owns. 5. Run your numbers before you fall in love. I've watched investors talk themselves into bad deals because the house was beautiful. Numbers don't care about curb appeal. Vacancy rate. Repairs. Taxes. Insurance. Factor in everything. If the deal still works, it's a deal. 6. Your network is your net worth. The deal I almost missed in 2011 came from a phone call with someone I met at a conference two years earlier. Build relationships before you need them. 7. Real estate rewards patience. The investors I know who quit all quit right before the turn. Markets move in cycles. Boring wins over brilliant. Every. Single. Time. 8. You do not need to own everything alone. Syndications, partnerships, and equity sharing models exist for a reason. 20% of something great beats 100% of something average. 9. Protect your downside first. Upside takes care of itself when you survive the storm. Before every deal I ask: - What's the worst case? - Can I survive it? - How long can I hold this? If I can't answer all three, I don't buy. 10. Start before you're ready. Nobody feels ready. The investors I work with who built real wealth all had one thing in common. They bought something while everyone else was still researching. I made mistakes on my first deal. I overpaid. I underestimated repairs. I underestimated myself too. But that first deal opened a door that 20 years of reading books never could. You don't learn real estate by studying it. You learn it by doing it. DM me the word REAL ESTATE and I'll walk you through exactly how to analyze your first deal before you spend a single dollar. Follow Ken Chapman ♻️ Repost to help someone who needs to see this.
Mécanisme lead magnet
DM me the word REAL ESTATE and I'll walk you through exactly how to analyze your first deal before you spend a single dollar.
